Pernod Ricard Shares a Buy: Analyst

Yesterday’s sales report from Pernod Ricard didn’t quite hit the numbers analysts were looking for, but Barenberg Beverages analyst Javier Gonzalez Lastra says not to worry.  “We believe there is substantial upside to margins from here as management increases its focus on nonoperating leverage at a time when the shares remain at a discount to the spirits sector.”